RM | ONLINE ONLY

Open Roads, October

OPEN ROADS ONLINE AUCTIONS MAINTAIN THEIR SUCCESS
6 - 13 October 2021

OPEN ROADS, OCTOBER

OPEN ROADS ONLINE AUCTIONS MAINTAIN THEIR SUCCESS

RM Sotheby’s concluded its Online Only: Open Roads, October auction with an amazing 84% of all lots finding new homes. Bidders participated in the auction from no less than 20 countries, with 25% of bidders representing first-time RM clientele. The auction saw spirited online bidding throughout the day resulting in over $1M in total sales.


IMPORTANT BIDDER INFORMATION

Additional Fees to Be Considered

Buyer’s Premium

The Buyer’s Premium for all motor car lots in this auction is 10% (plus VAT on the Buyers’ Premium as applicable) of the hammer price, and the Buyer’s Premium for all non-motor car lots is 20% (plus VAT on the Buyers’ Premium as applicable) of the hammer price.

Taxes/Import Duties

Bidders are responsible for any applicable duty and/or local taxes on any motor car(s) or any other lot(s) purchased. International bidders are advised to inform themselves of potential import duties that would be due upon arrival of the lot(s) to its final destination. You are advised to speak with your local representatives in advance of the sale to understand what these costs would be. The location in which the lot is sold is clearly indicated on the lot page found on rmsothebys.com.

Please pay careful attention to any Lots that are:

  • VAT Applicable
  • VAT Implication
  • Temporary Import

Lots Under Temporary Import

Those cars subject to temporary importation restrictions cannot be discharged from RMS’ custody without the completion of customs procedures and until full payment has been received. Customs charges will be levied appropriately depending on each individual scenario and will be payable directly to the relevant authorities, which RMS will provide the details of as and when necessary. Please note there is a compulsory administrative fee to process removing the car from bond.

Lot Removal/Shipping

RMS strongly advises Buyers to make immediate arrangements for the collection and transport of purchased lots. It is the Buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following preferred companies:

Reliable
Contact - Bob Sellers
413-537-3354
bsellers@reliable-carriers.com

CARS
Contact - James Walker
+44 7908 645 852
james@carseurope.net

If the car is to go into storage, storage fees will be assessed on a case-by-case basis. Please note that it is the Buyer’s responsibility to insure their purchased lot(s) whilst in storage, as insurance is the Buyer’s responsibility once the lot is sold.

Client Service and Administration Contacts

Client Service: Jera Presley
jpresley@rmsothebys.com
+1 260 927 9797

Administration: Alexandra Piltz
apiltz@rmsothebys.com
+1 313 638 4575